Central Banks
Fed Says It Was ‘Honored’ by Trump’s Tour of Building Site
Tim Scott, President Donald Trump, and Federal Reserve Chair Jerome Powell tour the Federal Reserve’s headquarter renovation project in Washington, DC on July 24.
Photographer: Chip Somodevilla/Getty ImagesThe Federal Reserve released a statement Friday thanking President Donald Trump and Republican lawmakers for visiting the central bank’s renovation project on Thursday.
“The Federal Reserve was honored to welcome the President yesterday for a visit to our historic headquarters,” the Fed said in the statement. “We appreciated the opportunity to share progress on the renovation with him and with Senators Tim Scott and Thom Tillis. We are grateful for the President’s encouragement to complete this important project.”